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Infosys shares were listed on the Nasdaq stock exchange in 1999 as American depositary receipts (ADRs), making it the first Indian company to be listed on Nasdaq. [citation needed] The share price rose to ₹ 8,100 by 1999, making it the most expensive share on the market at the time. Infosys was then among the top 20 companies by market ...
BENGALURU (Reuters) -Shares of Infosys , India's No. 2 IT services provider, fell as much as 4.5% on Friday after a cut to the upper end of the company's annual revenue forecast fanned further ...
The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. [ 1 ][ 2 ] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited. [ 3 ][ 4 ] The Nifty 50 index was ...
Padma Vibhushan (2008) Nagavara Ramarao Narayana Murthy (born 20 August 1946) is an Indian billionaire businessman. He is one of the seven co-founders of Infosys, [6] and has previously served as the chairman, chief executive officer (CEO), president, and chief mentor [7] of the company before retiring and taking the title chairman emeritus. [8 ...
Initial public offering. An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors [1] and usually also to retail (individual) investors. [2] An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more ...
In 2006, Infosys bought out Citibank's share at a price of ₹592 per share, Citibank having invested at ₹0.20 per share. [4] It opened its first international office in Brno, Czech Republic in 2004 to support its European clients. In 2006, its employee strength reached 10,000 and its name was changed from Progeon Limited to Infosys BPO Limited.